Gross Domestic Product, GDP in millions constant 2021 international $ in Georgia

Georgia: Gross Domestic Product, GDP in millions constant 2021 international $ was 108,888 in 2027. ◆ Volatile

Latest (2027)
108,888
Change on year
up 5.0%
World rank
101st
of 188 countries
All-time high
108,888
in 2027
All-time low
17,083
in 1994
Years of data
37
1991–2027

Gross Domestic Product, GDP in millions constant 2021 international $ in Georgia, 1991–2027

20.0k40.0k60.0k80.0k100.0k1991200920271991: 48.9k1992: 27.0k1993: 19.1k1994: 17.1k1995: 17.5k1996: 19.5k1997: 21.5k1998: 22.2k1999: 22.8k2000: 23.3k2001: 24.4k2002: 25.7k2003: 28.6k2004: 30.2k2005: 33.1k2006: 36.2k2007: 40.8k2008: 41.8k2009: 40.3k2010: 42.8k2011: 46.2k2012: 49.2k2013: 51.7k2014: 53.8k2015: 55.6k2016: 57.6k2017: 60.5k2018: 64.2k2019: 67.7k2020: 63.4k2021: 70.2k2022: 77.8k2023: 83.9k2024: 91.8k2025: 98.5k2026: 103.7k2027: 108.9k

Source: International Labour Organization.

Analysis

Georgia recorded 108,888 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.

The figure is up 5.0% on the previous year and up 79.9% over ten years.

Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Georgia peaked at 108,888 in 2027 and was at its lowest, 17,083, in 1994.

That places Georgia 101st out of 188 countries with data for 2027, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product, GDP in millions constant 2021 international $ in Georgia, year by year

Annual values for Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) in Georgia, 1991 to 2027.
Year Value Change
1991 48,940
1992 26,966 -44.9%
1993 19,065 -29.3%
1994 17,083 -10.4%
1995 17,526 +2.6%
1996 19,490 +11.2%
1997 21,540 +10.5%
1998 22,208 +3.1%
1999 22,845 +2.9%
2000 23,265 +1.8%
2001 24,384 +4.8%
2002 25,718 +5.5%
2003 28,562 +11.1%
2004 30,217 +5.8%
2005 33,115 +9.6%
2006 36,235 +9.4%
2007 40,791 +12.6%
2008 41,779 +2.4%
2009 40,254 -3.7%
2010 42,768 +6.2%
2011 46,162 +7.9%
2012 49,199 +6.6%
2013 51,724 +5.1%
2014 53,840 +4.1%
2015 55,644 +3.4%
2016 57,564 +3.5%
2017 60,534 +5.2%
2018 64,204 +6.1%
2019 67,658 +5.4%
2020 63,402 -6.3%
2021 70,150 +10.6%
2022 77,839 +11.0%
2023 83,935 +7.8%
2024 91,849 +9.4%
2025 98,488 +7.2%
2026 103,665 +5.3%
2027 108,888 +5.0%

Georgia compared with similar countries

  • Georgia's 108,888 is below the median for upper middle income countries, which is 133,081, 82% of the median. (53 countries reporting)
  • Georgia's 108,888 is below the median for Europe & Central Asia, which is 367,047, 30% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gross Domestic Product, GDP in millions constant 2021 international $ in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 -44.9% 48,940 26,966
1993 -29.3% 26,966 19,065

Averages by decade

DecadeAverage LowestHighest Years
1990s 23,962 17,083 48,940 9
2000s 32,432 23,265 41,779 10
2010s 54,930 42,768 67,658 10
2020s 87,277 63,402 108,888 8

Countries ranked near Georgia

  1. 98 Libya 114,470 compare
  2. 99 Yemen 112,970 compare
  3. 100 Slovenia 109,744 compare
  4. 102 Bahrain 102,730 compare
  5. 103 Afghanistan 96,788 compare
  6. 104 Guyana 95,989 compare

See the full ranking of 276 places →

More economy & growth data for Georgia

All data for Georgia →

Frequently asked questions

What is gross domestic product, gdp in millions constant 2021 international $ in Georgia?
Gross domestic product, gdp in millions constant 2021 international $ in Georgia was 108,888 in 2027, according to International Labour Organization.
What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Georgia?
The highest recorded value was 108,888 in 2027.
What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Georgia?
The lowest recorded value was 17,083 in 1994.
How does Georgia rank for gross domestic product, gdp in millions constant 2021 international $?
Georgia ranks 101st out of 188 countries with data for 2027.
Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Georgia?
Over the last ten years it is up 79.9%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.

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Gross Domestic Product, GDP in millions constant 2021 international $ in Georgia. Statizoid, drawing on International Labour Organization. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-in-millions-constant-2021-international-at-ppp-ilo-modelled/georgia/

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About this data

Indicator
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.